ANU modeling suggests 80% of households face living cost increases below the inflation rate of 6.1%.
Articles on Consumer Price Index
Displaying 21 - 32 of 32 articles
The latest data shows imports of bottle rockets, sparklers and other fireworks at a record pace, even as consumer demand appears likely to wane. That could create opportunities for patient revelers.
Periods of high food inflation affect poor households the most. This is because they spend a higher percentage of their income on food.
The buying power of wages shrank a record 2.7% over the year to March, calling into question assurances about the link between low unemployment and high wage growth.
Inflation is well outside the Reserve Bank’s target band and higher than it has been for two decades.
For the first time, there’s almost one job vacancy for every unemployed Australian. But that isn’t translating to better wages.
In spite of policies aimed at tackling food inflation, food prices in Nigeria have continued to rise.
As inflation bites, targeted relief for those most affected by the rising cost of living would be the best short-term option.
Sen. Manchin effectively killed one of Biden’s key economic priorities by withdrawing his support from the $2 trillion bill.
True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
We spend more on alcohol than we’ll admit, less on electricity and gas combined than we think.
Pensions are indexed twice a year. But COVID-19 has put a spanner in the works of what should be a regular increase next month.
Top contributors
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Senior lecturer, Canberra School of Government, University of Canberra
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Professor, Crawford School of Public Policy, Australian National University
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Associate Professor of Business, Boston University
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Associate Professor in Public Health, University of Otago
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Scientia Professor of Economics, UNSW
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Lecturer in Economics and Finance, University of Ghana
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Senior Lecturer in Finance, Covenant University
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Senior Lecturer in Economics, University of Otago
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Associate Professor, Department of Economics, Toronto Metropolitan University
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor of International Economic Affairs at The Fletcher School, Tufts University
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Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
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Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
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Professor of Public Health, University of Otago